Egypt
Global payment technology company Mastercard has announced a strategic collaboration with Egypt’s Export Development Bank (EBank) to accelerate digital payments, strengthen financial security and expand access to innovative banking services across the country. The partnership will leverage...
Egyptian agentic artificial intelligence (AI) customer experience startup Tactful AI has secured investment from Hatem Dowidar, former group chief executive of e&, as it extends its pre-Series A funding round. The undisclosed investment comes after the company...
Mastercard Partners EBank to Strengthen Digital Payments, Card Security in Egypt
Global payment technology company Mastercard has announced a strategic collaboration with Egypt’s Export Development Bank (EBank) to accelerate digital payments, strengthen financial security and...
Egypt’s Tanmiya Capital Raises $130m Fund with EIB, IFC and EBRD Backing to Scale Local Businesses
Egyptian private equity firm Tanmiya Capital Ventures (TCV) has raised $130 million for its second investment fund, exceeding its $120 million target with backing...
Egyptian AI Startup Tactful Secures Investment from Former e& CEO Hatem Dowidar
Egyptian agentic artificial intelligence (AI) customer experience startup Tactful AI has secured investment from Hatem Dowidar, former group chief executive of e&, as it...
UAE’s Popcorn Studio AI Raises $1m to Make Cinematic Filmmaking More Accessible
YAKUB ABDULRASHEED - Dubai-based creative technology startup Popcorn Studio AI has secured a $1 million pre-seed funding package to develop its artificial intelligence-powered filmmaking...
Beltone, Amtaar Partner to Open Real Estate Investment to More Egyptians From EGP 1,000
YAKUB ABDULRASHEED - Beltone Asset Management, a subsidiary of Beltone Holding, and Egyptian fractional real estate investment platform Amtaar Capital have partnered to establish...
MoneyHash Partners Geidea to Simplify Digital Payments Across Egypt, Saudi Arabia and UAE
YAKUB ABDULRASHEED – Egyptian payment orchestration startup MoneyHash has partnered with Saudi fintech Geidea in a move designed to make digital payment acceptance easier...
UPN Launches Global Payments Consortium as Network Records First Live African Transaction
Universal Payment Network (UPN), a subsidiary of FinTra Holding, has launched the UPN Consortium, an open global platform designed to bring payment networks, banks,...
NVIDIA Deepens Egypt AI Push as RiseUp Connects Startups to Global Technology Ecosystem
NVIDIA is deepening its engagement with Egypt’s artificial intelligence ecosystem through an expanding collaboration with entrepreneurship platform RiseUp. The partnership aims at bringing together startup...
EBRD Provides EFG Holding $40m Loan to Expand Financing for Egypt’s Small Businesses
Egyptian financial services group EFG Holding has secured a $40 million, a four-year loan from the European Bank for Reconstruction and Development (EBRD). This is...
Paymob Raises $35m to Scale MENA Payments and Build Infrastructure for AI-Driven Commerce
Egypt-founded payments infrastructure company Paymob has raised $35 million in a pre-Series C funding round as it accelerates its expansion across the Middle East...
Egypt’s Startup Breadfast Expands Into Restaurant Delivery With New Breadfast Food Service
Egyptian e-commerce and convenience platform Breadfast has expanded beyond groceries and household essentials with the launch of Breadfast Food. It is a new restaurant-delivery...
Bekia Raises $765,000 to Digitise Egypt’s Recycling Economy and Expand Across Africa
Egyptian recycling technology startup Bekia has raised $765,000 in a Seed funding round as it moves to expand its technology-driven waste collection network, launch...
